MedCity News July 16, 2021
Frank Vinluan

The FDA has yet to approve a therapy for memory loss. Nia Therapeutics is developing a medical device that stimulates the brain to bring it back to a “good memory state,” and it was judged the winner in the life sciences track of the INVEST Precision Medicine Pitch Perfect Competition.

Memory is the stored collection of knowledge and experiences of life. However, age and injury can make recall of memories difficult. Startup Nia Therapeutics aims to overcome that problem with a medical device that stimulates the brain.

Memories that form in the mind produce signals that can be read. In a good memory state, the signals appear a certain way, said Nia Founder and CEO Dan Rizzuto. Nia’s technology reads...

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